Royal Mail takeover by Czech billionaire approved
Source: BBC
PA MediaThe sale of Royal Mail's parent company to a Czech billionaire has been approved by the government. The £3.6 billion takeover by Daniel Kretinsky's EP Group will be announced on Monday morning, the BBC understands.The government will retain a so called "golden share" that will require it to approve any major changes to Royal Mail's ownership, HQ location and tax residency.Other commitments to unions…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC